Please complete the below problems and submit your answers in the Week 3 Drop Box. See “Syllabus/Due Dates for Assignments & Exams” for due date information. 1.Compare and contrast being an employee and an independent contractor. Which one would you rather have as a business owner? Which one would you rather be as a worker? Why? 2.What is the passive activity loss limitation? Are rental activities passive activities? Why or why not?
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